Reversal Appears ImminentOBV is rising rapidly on hourly indicating accumulation. While not a guarantee it often leads a trend change. Note also MACD near to crossing to positive side after a multiday downdrift. At the very least it looks like a strong up day is imminent. Too much good news?
JMHO but this indicator is indeed used by many traders as a leading indicator. Also DFE has been down for 10 days now...historically DFE similar periods reversed on the 10th-12th day. We shall see. Much to look forward to here!
All have a bright Sunny Day(4)
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